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FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY edges higher, outlook bearish 
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- USD/CNY is currently trading around 6.5322 marks.
- It made intraday high at 6.5406 and low at 6.5008 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.4899 marks.
- A sustained close above 6.5026 marks will test key resistances at 6.5407, 6.5580, 6.5858 and 6.6042 marks respectively.
- Alternatively, a daily close below 6.5026 will drag the parity down towards key supports at 6.4899, 6.4639, 6.4378, 6.4125 and 6.4017 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets yuan mid-point at 6.4893 / dlr vs last close 6.4950.
We prefer to take long position on USD/CNY around 6.5250, stop loss 6.5000 and target of 6.5580/6.5749.
